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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
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It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
Vanguard Market Neutral I (VMNIX) has a 0.14% expense ratio and 0.1% management fee. VMNIX is a Market Neutral - Equity mutual fund. These funds attempt to maximize returns, and usually hold 50% of their securities in a long position and 50% in a short position. With yearly returns of 13.86% over the last five years, this fund clearly wins.
Hennessy Cornerstone Growth Retail (HFCGX) is a stand out amongst its peers. HFCGX is an All Cap Growth mutual fund investing in a wide variety of equities, no matter the size of the company and as long as the firm exhibits growth characteristics. With five-year annualized performance of 13.52%, expense ratio of 1.3% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
MFS Blended Research Intl Eq R4 (BRXUX - Free Report) is an attractive large-cap allocation. BRXUX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. BRXUX has an expense ratio of 0.5%, management fee of 0.35%, and annual returns of 13.61% over the past five years.
These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.
View the Zacks #1 Rank List
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Are these 3 Top-Ranked Mutual Funds In Your Retirement Portfolio?
It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance.
The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are better than others, but utilizing the Zacks Mutual Fund Rank, we have identified three mutual funds that could be solid additions to one's retirement portfolio.
Here are the funds that have achieved the Zacks Mutual Fund Rank #1 (Strong Buy) and have low fees.
Vanguard Market Neutral I (VMNIX) has a 0.14% expense ratio and 0.1% management fee. VMNIX is a Market Neutral - Equity mutual fund. These funds attempt to maximize returns, and usually hold 50% of their securities in a long position and 50% in a short position. With yearly returns of 13.86% over the last five years, this fund clearly wins.
Hennessy Cornerstone Growth Retail (HFCGX) is a stand out amongst its peers. HFCGX is an All Cap Growth mutual fund investing in a wide variety of equities, no matter the size of the company and as long as the firm exhibits growth characteristics. With five-year annualized performance of 13.52%, expense ratio of 1.3% and management fee of 0.74%, this diversified fund is an attractive buy with a strong history of performance.
MFS Blended Research Intl Eq R4 (BRXUX - Free Report) is an attractive large-cap allocation. BRXUX is a Non US - Equity option, focusing their investments acoss emerging and developed markets, and can often extend across cap levels too. BRXUX has an expense ratio of 0.5%, management fee of 0.35%, and annual returns of 13.61% over the past five years.
These examples highlight the fact that there are some astonishingly good mutual funds out there. If your advisor has you in the good ones, bravo! If not, you may need to have a talk.